Company News

In this section you can find updates from suppliers, manufacturers, fabricators and stockists of stainless steel material. This company news section is updated regularly with the latest company news from within the global stainless steel world community. If you wish to include your news release on our website and email newsletter, please feel free to contact the editor.

Stock Services takes part in Scumrum

Stock Services, a stockist and distributor of diverse stainless steel products, has announced it will take part in the upcoming four-day charity rally Scumrum from 8 - 12 May 2014.

BlueScope appoints new non-executive director

newsitemBlueScope Steel Chairman Graham Kraehe announced the appointment of Rebecca Dee-Bradbury as a non-executive director, effective immediately.Dee-Bradbury has a background in strategic marketing and has held senior regional executive and CEO roles with businesses operating across Australia, New Zealand and Asia Pacific.

Ovako is Bosch ‘Preferred Supplier’ for 7th year

newsitemThe Bosch group appointed Swedish company Ovako as the preferred supplier for 2014 in the material group Steel. The certificate is awarded to suppliers who are considered key partners for the future success of Bosch and who provide outstanding performance when it comes to manufacturing and delivering products or services – especially as regards quality, pricing, reliability, technology and ongoing improvements.

WTS acquires UK-based IES

newsitemSwedish company Wilhelmsen Technical Solutions (WTS) signed an agreement to acquire 100% of the shares in Integrated Engineering Services (IES) based in Aberdeen, United Kingdom, strengthening its heating, ventilation and air conditioning (HVAC) offering to the offshore market. Wilhelmsen Technical Solutions is a major supplier and integrator of HVAC systems and services to the offshore and marine industries.

Wave-piercing vessel contract for Rolls-Royce

newsitemRolls-Royce, the global power systems company, signed a GBP11M contract with Spanish shipyard Gondan for a wave-piercing offshore vessel to be delivered to Simon Møkster Shipping in Norway.The vessel is designed to pierce through the waves under harsh weather conditions, making it possible to keep a more constant speed, reduce the use of fuel and increase on-board safety.

Veritas Steel hires new president & CEO

newsitemVeritas Steel, a portfolio company of Atlas Holdings, hired Tracy Glende as the president and CEO. Glende brings over 20 years of global management experience, commercial, and operational expertise and a highly successful track record to Veritas.

DMT commissions by-product plant for SAIL

newsitemThe Essen-based consulting and engineering company DMT together with the EPC company McNally Bharat Engineering (MBE) from Kolkata, India, has designed, engineered, supplied, built and now put into operation a complete by-product plant for the cleaning of coke oven gas.

HMTL’s Unit III commissioned

Heavy Metal & Tubes Ltd. (HMTL) has recently announced the commissioning of its manufacturing facility, Unit III, for hot finish seamless tubes/pipes in carbon steel and alloy steel.Unit III has an annual capacity of approximately 75,000MTPA, has already started commercial production, and has executed orders from Indian refineries and export jobs.

Severstal JV begins production of blanks

newsitemSeverstal-Gonvarri-Kaluga, a joint venture between OAO Severstal and Gonvarri, and part of OAO Severstal’s Russian Steel division, began producing blanks for interior and exterior parts of the Volkswagen Jetta. This is the second model of Volkswagen to use parts manufactured at Severstal-Gonvarri-Kaluga and then stamped at Gestamp-Severstal-Kaluga, Severstal’s joint venture with Gestamp.

Motherwell Bridge acquired by Cape plc

newsitemGlobal engineering contractor Motherwell Bridge has been acquired by Cape, the international provider of critical support services to the energy and mineral resources sectors.